{"title":"2000 - 2014年审计费用趋势","authors":"R. Dey, Lucy Lim","doi":"10.1108/AJB-10-2016-0033","DOIUrl":null,"url":null,"abstract":"Setting audit fees is a persistent source of stress for auditors who must, on one hand, comply with the increasing government regulations that generally cause costs to rise; and on the other hand, respond to client pressures to keep audit fees down. In the post-scandal environment of Enron, WorldCom, and the demise of Arthur Andersen, policy makers have introduced additional costs for auditors by increasing regulations and creating a new industry watchdog – the Public Company Accounting Oversight Board (PCAOB). In this environment of constant pricing-cost tension for the auditor, the purpose of this paper is to examine audit fee trends over an extended period, 2000-2014.,The authors calculate the unexpected audit fees using the audit fee model. The authors examine audit fee trends while controlling for changes due to inflation, auditor wages, and other audit fee determinants.,The key findings indicate that audit fees increased in response to the promulgation of new audit regulations requiring additional audit work, the Sarbanes-Oxley (SOX) Act of 2002 and Auditing Standard No. 2 in 2004. Additionally, the authors find that audit fees decreased after new regulations alleviating audit work, namely the passage of Auditing Standard No. 5 in 2007, and remained unchanged when new regulations had a minimal impact on audit work, namely the Dodd-Frank Act of 2010.,The findings of this research are relevant to audit clients, auditors, and regulators as they weigh the cost and benefits of significant new audit regulations and their impacts on audit fees.,Using the more recent US data, the results in this paper show how events changed audit fee trends in recent years. The findings indicate that audit fees increased after the passage of new audit regulations such as the SOX Act of 2002, Auditing Standards No. 2 in 2004, and decreased after the passage of Auditing Standards No. 5 in 2007.","PeriodicalId":44116,"journal":{"name":"American Journal of Business","volume":"28 1","pages":"61-80"},"PeriodicalIF":1.1000,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":"{\"title\":\"Audit fee trends from 2000 to 2014\",\"authors\":\"R. Dey, Lucy Lim\",\"doi\":\"10.1108/AJB-10-2016-0033\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Setting audit fees is a persistent source of stress for auditors who must, on one hand, comply with the increasing government regulations that generally cause costs to rise; and on the other hand, respond to client pressures to keep audit fees down. 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Additionally, the authors find that audit fees decreased after new regulations alleviating audit work, namely the passage of Auditing Standard No. 5 in 2007, and remained unchanged when new regulations had a minimal impact on audit work, namely the Dodd-Frank Act of 2010.,The findings of this research are relevant to audit clients, auditors, and regulators as they weigh the cost and benefits of significant new audit regulations and their impacts on audit fees.,Using the more recent US data, the results in this paper show how events changed audit fee trends in recent years. 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引用次数: 5
摘要
对审计人员来说,设定审计费用是一个持续的压力来源,一方面,他们必须遵守不断增加的政府法规,这些法规通常会导致成本上升;另一方面,应对客户要求降低审计费用的压力。在安然(Enron)、世通(WorldCom)和安达信(Arthur Andersen)倒闭后的丑闻环境中,政策制定者通过加强监管和创建一个新的行业监管机构——上市公司会计监督委员会(Public Company Accounting Oversight Board,简称PCAOB),给审计师带来了额外的成本。在审计师持续定价成本紧张的环境下,本文的目的是研究2000-2014年较长时期内的审计费用趋势。本文采用审计费用模型对意外审计费用进行了计算。作者检查审计费用趋势,同时控制由于通货膨胀,审计师工资和其他审计费用决定因素的变化。主要研究结果表明,审计费用的增加是由于新的审计法规的颁布,要求增加审计工作,即2002年的萨班斯-奥克斯利法案和2004年的第2号审计准则。此外,作者发现,在新法规减轻审计工作后,即2007年通过的第5号审计准则,审计费用有所下降,而在新法规对审计工作影响最小时,即2010年的多德-弗兰克法案,审计费用保持不变。本研究的结果与审计客户、审计师和监管机构有关,因为他们正在权衡重大新审计法规的成本和收益及其对审计费用的影响。本文使用美国最近的数据,结果显示了近年来事件如何改变审计费用趋势。结果表明,在2002年SOX法案和2004年第2号审计准则等新的审计法规通过后,审计费用有所增加,而在2007年第5号审计准则通过后,审计费用有所下降。
Setting audit fees is a persistent source of stress for auditors who must, on one hand, comply with the increasing government regulations that generally cause costs to rise; and on the other hand, respond to client pressures to keep audit fees down. In the post-scandal environment of Enron, WorldCom, and the demise of Arthur Andersen, policy makers have introduced additional costs for auditors by increasing regulations and creating a new industry watchdog – the Public Company Accounting Oversight Board (PCAOB). In this environment of constant pricing-cost tension for the auditor, the purpose of this paper is to examine audit fee trends over an extended period, 2000-2014.,The authors calculate the unexpected audit fees using the audit fee model. The authors examine audit fee trends while controlling for changes due to inflation, auditor wages, and other audit fee determinants.,The key findings indicate that audit fees increased in response to the promulgation of new audit regulations requiring additional audit work, the Sarbanes-Oxley (SOX) Act of 2002 and Auditing Standard No. 2 in 2004. Additionally, the authors find that audit fees decreased after new regulations alleviating audit work, namely the passage of Auditing Standard No. 5 in 2007, and remained unchanged when new regulations had a minimal impact on audit work, namely the Dodd-Frank Act of 2010.,The findings of this research are relevant to audit clients, auditors, and regulators as they weigh the cost and benefits of significant new audit regulations and their impacts on audit fees.,Using the more recent US data, the results in this paper show how events changed audit fee trends in recent years. The findings indicate that audit fees increased after the passage of new audit regulations such as the SOX Act of 2002, Auditing Standards No. 2 in 2004, and decreased after the passage of Auditing Standards No. 5 in 2007.